FREE TRADE AREA

To tap the vast mainland China market opportunities, many enterprises are trying to ride on FTA treatments to import goods from ASEAN countries. To better promote sales of these products on the mainland, Hong Kong companies can further take advantage of the city’s transhipment-facilitation measures for such FTA cargoes and its ability under the CEPA to undertake CCC testing for relevant products from ASEAN or other sources. More

The State Council decided at its executive meeting held on 9 October to implement preferential tax measures for international shipping services in certain parts of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) for a higher level of opening up. More

Real GDP of the 10-nation ASEAN grew by 5.1% in 2018, helped by robust domestic demand. The Asian Development Bank (ADB) expects the GDP growth of the trade bloc to moderate to 4.8% in 2019. More